Founded in Richmond, VA, NewMarket Corporation is a global developer and manufacturer specializing in fuel and lubricant additives for industrial and transportation use. The company's core mission is to enhance the performance and efficiency of petroleum products, thereby contributing to the advancement of the energy sector. NewMarket's products are marketed worldwide to refiners and other entities involved in the sale of petroleum products.
Notable figures associated with NewMarket include Thomas E. Gottwald, who has played a significant role as Chairman and CEO. The company has achieved key milestones such as the acquisition of American Pacific Corporation, which has bolstered its market presence. NewMarket's consistent performance, including notable increases in petroleum additive shipments, underscores its impact on the industry, driving innovation and efficiency in fuel and lubricant solutions.
